EASTERN LENDERS ASSOCIATION (EIN 300178919) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

Susan Monaco

Tax Period

2024-01-01 to 2024-12-31

EASTERN LENDERS ASSOCIATION, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $311K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO IMPROVE EFFICIENCY, COMMUNICATION AND WORKING RELATIONSHIPS BETWEEN MEMBERS AND HUD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $311,465

Investment Income $0

Other Revenue $0

TOTAL REVENUE $311,465

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $313,927

TOTAL EXPENSES $313,927

Year-over-Year Comparison

	2024	2023	Change
Revenue	$311,465	$280,425	+0.1%
Expenses	$313,927	$340,693	-0.1%
Net Income	$-2,462	$-60,268	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Susan Monaco	President	2.00	Officer Director	$0	$0	$0
Eric Keifer	Secretary	2.00	Director	$0	$0	$0
Dawn Robinson	Director	2.00	Director	$0	$0	$0
Matt Stanley	Director	2.00	Director	$0	$0	$0
Amy Long	Treasurer	2.00	Director	$0	$0	$0
MICHELLE SMEE	Vice President	2.00	Officer Director	$0	$0	$0
Kara Hall	Director	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$311,465	$313,927	$345,289	$-2,462
2023	$280,425	$340,693	$347,751	$-60,268
2022	$251,275	$232,952	$408,550	$18,323
2021	$83,358	$30,315	$390,642	$53,043
2020	$233,007	$195,837	$337,599	$37,170
2019	$220,133	$239,779	$300,429	$-19,646
2018	$157,427	$176,102	$320,075	$-18,675

EASTERN LENDERS ASSOCIATION